Toronto, ON
2282 Islington Avenue
$1,500,000
Data last updated Nov 2, 2026, 12:50 a.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $1,500,000
- Type
- store w apt/office
- Bedrooms
- 0
- Bathrooms
- 0
- Size
- 3,414 sq ft
- MLS®
- W13663208
- Status
- active
- Brokerage
- RE/MAX ROUGE RIVER REALTY LTD.
About this home
MIXED-USE INVESTMENT OPPORTUNITY. Corner location at Islington Ave. & Rexdale Blvd. Building area approximately 3,414 sq. ft. (MPAC): ground-floor commercial 1,800 sq. ft., two separate 2-bedroom residential apartments 1,614 sq. ft. combined. CR zoning permits variety of commercial and residential uses. INCOME: Ground-floor commercial unit leased to established nail salon: $4,424.78/month + HST. Tenant responsible for utilities except 50% water. Commercial lease expires September 30, 2027. Two residential apartments on month-to-month basis at $1,850/month each; tenants pay hydro. Gross annual rental income (before HST): $97,497.36 (commercial $53,097.36 + residential $44,400). LOCATION: Prime Rexdale corridor near SmartCentres, shopping, restaurants, and amenities. Excellent TTC access and convenient Highway 401 connectivity. Three rear parking spaces. PROPERTY FEATURES: Ground-floor retail separate from residential access. Corner visibility for commercial tenant. LEASE STRUCTURE: Commercial lease in place until September 30, 2027, providing stable income. Month-to-month residential tenancies offer future flexibility. Flexible possession available. *Do not attend property without a booking made/confirmed by a Realtor*
Location
More details
- Property tax
- $16,621 (2026)
- Days on market
- 84
- Style
- Store With Apt/Office
- Lot
- 38.89 × 173 Feet
- Parking
- None
- Heating
- Gas Forced Air Closed
- Air conditioning
- No
- Neighbourhood
- Rexdale-Kipling
- Major intersection
- Islington/Rexdale
Details from PropTx (TRREB MLS®) via Repliers. Information deemed reliable but not guaranteed.
About Toronto
Toronto offers a neighbourhood for every lifestyle, from quiet established streets to vibrant urban districts, with the city's employment, transit and culture at hand.
Toronto market, September 2026
- Median sold price
- $835,000
- Avg. days on market
- 34
- Sale-to-list
- 99.0%
1532 residential sales. Source: TRREB MLS® data via PropTx. Aggregates only.